Magdalene House Chicago Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 14,963 | 4,494 | 10,469 | 28.0 | — |
| 2016 | 36,636 | 6,660 | 29,976 | 72.9 | — |
| 2017 | 91,288 | 21,832 | 69,456 | 60.4 | — |
| 2018 | 52,022 | 57,962 | −5,940 | 21.5 | — |
| 2019 | 310,257 | 62,214 | 248,043 | 67.9 | 46% |
| 2020 | 191,889 | 56,753 | 135,136 | 103.0 | 51% |
| 2021 | 126,611 | 141,902 | −15,291 | 39.9 | 63% |
| 2022 | 207,843 | 495,264 | −287,421 | 4.5 | 60% |
| 2023 | 313,967 | 439,559 | −125,592 | 1.6 | 53% |
In its most recent public year (2023), this organization spent $125,592 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 28 in 2015. Staff pay was 53% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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